All PropertyEU Archive articles – Page 1881
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PropertyEU Archive
Jones Lang LaSalle announces National Director promotions
Jones Lang LaSalle has announced the promotion of 25 employees from across the English business and England-based pan-European and global business units to the role of National Director.
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PropertyEU Archive
Townsend Group appoints principal in London office
The Townsend Group has appointed Damien Smith, former Chief Investment Officer of ING Real Estate Select, as a Principal in their London office to focus on portfolio management and investment underwriting in the European region.
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PropertyEU Archive
Bouwfonds buys German housing developer
Netherlands-based Bouwfonds Property Development has reached agreement with Dutch engineering firm Grontmij on the acquisition of German housing developer Kontrola. The takeover sum was not disclosed. The deal also includes the acquisition of 49% of the shares in the OolderVeste area development by Bouwfonds subsidiary Nouville Ontwikkeling.
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PropertyEU Archive
Role of corporate RE manager could be outsourced: CoreNet
The role of the corporate real estate manager is being reshaped by new ways of working and the growing trend towards outsourcing of property services.
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PropertyEU Archive
Unibail-Rodamco deal runs into regulatory snag in Warsaw
Unibail-Rodamco’s planned acquisition of two shopping malls in Warsaw has run into a regulatory snag in Warsaw, according to reliable sources. The transaction was expected to close by the end of June 2010, 'subject to customary closing conditions and antitrust approval’.
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PropertyEU Archive
Trigranit develops new transport hub in Poznan
Trigranit Development Corporation and Polish Public Railways have signed an agreement to develop a new transportation complex in Poznan. Construction of the EUR 160 mln investment is scheduled for early next year with the first phase of the hub - a large retail centre - due to be opened in ...
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PropertyEU Archive
GPR 250 Europe Index records 0.7% return in June
European listed real estate recorded a weak return of 0.8% in June compared to a lively 6% bounce in May, according to the GPR 250 Europe Index.
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PropertyEU Archive
Prologis leases 67,000m[sup]2[/sup] in UK and Czech Republic
Prologis, the global provider of distribution facilities, has signed development portfolio lease agreements totalling 67,000 m[sup]2[/sup] with two customers in Europe.
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PropertyEU Archive
Deka Immobilien acquires Paris hotel for EUR 114m
Deka Immobilien has acquired a hotel property in the city centre of Paris on behalf of its Europa open-ended property fund for around EUR 114 mln. The vendor is French property group Altarea Cogedim.
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PropertyEU Archive
Skanska sells office project in Wroclaw for EUR 76m
Skanska has sold its Grunwaldzki Center office property in Wroclaw in southern Poland to German investment fund RREEF for EUR 76.5 mln. Colliers acted for the vendor.
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PropertyEU Archive
Deka sells Düsseldorf office property for EUR 97m
Deka Immobilien said on Thursday that it has sold an office property in the centre of Düsseldorf on behalf of its open-ended real estate fund Deka ImmobilienEuropa for about EUR 97 mln. The name of the buyer was not disclosed.
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PropertyEU Archive
Invista appoints Richard O'Boyle to head retail sector
Invista Real Estate Investment Management, the largest listed real estate fund manager in the UK, has announced the appointment of Richard O'Boyle as head of the retail sector team.
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PropertyEU Archive
Taco de Groot named CIO at Vastned Group
Vastned Group has announced that Taco de Groot is joining the management team. He has been appointed a managing director of Vastned's listed Retail and Office/Industrial funds and chief investment officer.
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PropertyEU Archive
Hammerson increases role in major UK regeneration scheme
Hammerson and Brookfield Europe have reached an agreement under which Hammerson will assume control of the Cricklewood project within the £4.5 bn (EUR 5.5 bn) Brent Cross Cricklewood regeneration proposals in the UK.
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PropertyEU Archive
Savills promotes Kinnoch in Spain
Savills has promoted Danny Kinnoch to the new role of International Investment Director advising both international clients on Iberian real estate transactions and Spanish clients with foreign requirements.
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PropertyEU Archive
Helaba arranges EUR 180m financing for Value Retail outlet centre
Landesbank Hessen-Thüringen (Helaba) has arranged a EUR 180 mln consortium loan for Value Retail's La Vallée Village outlet centre near Paris. La Vallée Village has consistently been rated the pre-eminent luxury outlet centre on the Continent with over 90 of the world's premier fashion and luxury brands.
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PropertyEU Archive
Schoenherr advises on EUR 272m Europolis sale
Central European law firm Schoenherr has advised Österreichische Volksbanken-Aktiengesellschaft (ÖVAG) on the sale of its subsidiary Europolis to CA Immo. CA Immo is paying EUR 272 mln for the 100% stake.
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PropertyEU Archive
DTZ to manage 5 malls in Poland
DTZ has announced it has been appointed by Macquarie Capital Funds (Europe) to provide property and asset management services for five retail properties in Poland. After taking over the new 300,000-m[sup]2[/sup] portfolio on 1 July, DTZ is now the largest independent property management firm in Poland with 33 properties under ...
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PropertyEU Archive
Befimmo disposes of Empress Court for EUR 51 mln
Befimmo is disposing of its Empress Court office building in Brussels for EUR 51 mln. The Brussels-listed firm announced that it has accepted an irrevocable tender offer for the property from Belgian water utility company Vivaqua.
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PropertyEU Archive
Adler named CEO-Europe at Pramerica Real Estate Investors
Pramerica Real Estate Investors has hired Eric Adler as CEO-Europe, responsible for overseeing its investments and transactions activities throughout Western Europe and the emerging markets of Central and Eastern Europe.


